Value of Exports to Namibia from Texas

TXNAMA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

49,053,925.00

Year-over-Year Change

1636.04%

Date Range

1/1/1992 - 1/1/2017

Summary

The 'Value of Exports to Namibia from Texas' series measures the total dollar value of goods and services exported from the state of Texas to the country of Namibia. This metric is important for economists and policymakers to assess Texas's trade relationship with African markets.

Analysis & Context

This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.

Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.

About This Dataset

This economic indicator provides insights into the commercial ties between Texas and Namibia. Analyzing trends in these export values can help inform decisions around trade policy, market access, and economic development strategies between the two regions.

Methodology

The data is collected by the U.S. Census Bureau through surveys of Texas-based businesses.

Historical Context

This export data is used by government agencies, trade organizations, and businesses to monitor and guide economic relationships between Texas and its international trade partners.

Key Facts

  • Texas is one of the largest state exporters in the U.S.
  • Namibia is an emerging market in Southern Africa.
  • Exports support jobs and economic growth in both regions.

FAQs

Q: What does this economic trend measure?

A: This series measures the total value of goods and services exported from the state of Texas to the country of Namibia.

Q: Why is this trend relevant for users or analysts?

A: Tracking Texas's export activity with Namibia provides insights into the commercial relationship and trade dynamics between the two regions, which is valuable information for policymakers, businesses, and economic analysts.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of Texas-based companies and exporters.

Q: How is this trend used in economic policy?

A: Government agencies, trade organizations, and businesses use this export data to monitor and guide economic relationships, trade policy, and market access between Texas and its international partners like Namibia.

Q: Are there update delays or limitations?

A: There may be several months of delay in reporting the latest export figures due to the time required for data collection and compilation by the Census Bureau.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Namibia from Texas (TXNAMA052SCEN), retrieved from FRED.